Millionaire By 20: 10 Things You Didn’t Know About Men In Black’s Actor Will Smith

Stemming from his success as an actor and a musician, he made his first million by the time he was 20.

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Born on September 25th, Will Smith is an American actor, producer, rapper and songwriter: everything at once. Getting in the acting industry in the late 80s, success paved its way for an energetic, charismatic and outgoing Will, making him a fan favorite among spectators. When winning a Grammy for his music wasn’t enough, he added five Golden Globe Awards for his career in acting. With no trace of slowing down, his latest anticipated movie, ‘Suicide Squad’ hit the box office and earned a whooping 719 million dollars! On his 48th birthday, here are few cherished and astounding things you need to know about the beloved artist:

He was admitted in pre-engineering summer program at MIT for high school students, but he didn’t attend it.

He said, "My mother, who worked for the School Board of Philadelphia, had a friend who was the admissions officer at MIT. I had pretty high SAT scores and they needed black kids, so I probably could have gotten in. But I had no intention of going to college.”

Kick-starting his career in music with his childhood friend Jeffery by forming a duo “DJ Jezzy Jeff & The Fresh Prince”, they won the first Grammy awarded in Rap category in 1988. He was also the first Hip-hop artist to be nominated for an Academy Award.

Spending money without worry and underpaying his taxes in 1988-1989, he eventually ended up being bankrupt with IRS assessing a $2.8 million tax debt against smith. They took away many of his possessions and garnished his income.

As of 2014, Will Smith’s net worth is $250 million. Stemming from his success as an actor and a musician, he made his first million by the time he was 20. Starting with 2002’s Men in Black till 2008’s Hancock, each of these eight consecutive movies he starred in grossed over $100 million.

Consistently listed in the Fortune Magazine under ‘Richest 40’ as being among the wealthiest Americans under the age of 40, 17 of the 21 movies of Smith in a lead role accumulated $100 million each, making him the most bankable star.

Willow Smith, Will Smith’s daughter, launched her career in music with her single ‘Whip My Hair’ and Will helped her through. The song peaked at number 11 on the Billboard hot 100 and was also nominated for Video of the Year at BET Awards of 2011.